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|Reference<br>and Administrative<br>Details||
|---|---|
|Trustees'<br>Report|2 to 7|
|Independent<br>Examiner's<br>Report|8|
|Statement<br>of Financial Activities|9|
|Balance Sheet|10|
|Statement<br>of Cash Flows|11|
|Notes to the Financial<br>Statements|12 to 24|





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Somersetcricket Foundation
Independent Examlnerfs Report to the trustees of Somarset Cricket
Foundatlon ('the Company,)
I retx¥t lo the ch8rity trustees on my èxamin￿"0rt of the acwjnts of the Company for the per+od ended 31
January 2024.
Re8ponslb1lltl￿ and ba81s of réptsrt
As the charity's trustees of Ihe Cornparry 18rKI also ils direciors for thè purp03es of company lawl you are
responsibl6 lor the prÈp8ration ol the accowts In with the requirements of CornpanEs A¢t 2006
I'lhe 20[￿ ACYI.
Hawng satisfied myself that the accounts of Somerset Cridtet FoundatKJn are not requir8d to ￿ auditèd urtdèr
Part 16 of the 2(KJ6 Act and a￿ eligibl$ frjr indepeThknt eXamInat￿n, I rep(Mt in respect ol my examination ol
your charity's accounts Bs cairied out under 145 of Charth"es 2Q111'the 2011 Act'l. In cairying out
my examinatK)n I have followed the ￿reCt￿)n5 gNen by tt* Charity Cornmiss￿n urvjer $o¢b"on 14515llbl of the
2011 Act.
An In(lependent E¥amination has been cani8d ath instead of an audrt Regulation 31lQ. The Charity has
been granted an audit dispensatil￿ by the Charrty Cc¥nmissK)n. dated 1 May 2024 under regulati￿ 31 13llbl of
the Chariti¢5 (Accwnts ar*J Reports) RegLAab"on$ 2(KJ8.
The disp8nsats.on li given based upon Ihe infomiab.on w(Mded by the trustees Ihat
. the charity is sm*1 tharrta￿e r￿MpanY sut¥ect to 8￿rt requrements ol Part 15 01 lh& Companias Act
20C6',
. the exceptional Circumstan￿ ouUinÉd mean that an authtwould be disproportionate:
• there are no consb"tutional or thr requirements c¥) the ch8rty wh¢h requi￿ an wdil.
Independent•xamlnw'# wtement
Since the Compa)y'$ gr055 income exceeded £250.((MJ y<xJr ex8rniw must be a member of a booy listed in
sKbon 145 ofthe 2Q11 Act. I confim) ihal I qualified to LThJertake tho examination because l am a member of
Institute of Chartorod Acccwntants England and Wales. wlKh F5 one of the listed L<xJie$. I have ¢ompleted my
eX￿in8t10n. I confim that no matters have c(xn¢ lo rny 8ttenbon in COr￿ctIOn vAth the examinalion giving me
cause lo believe.
ac¢ounling re(￿dS were Th)t kept in resp￿1 of Styner8et CrKket Foundatw)n as rw4uired by Section 386 01
the *Lt.' or
2. the acccmjnts do not accord with those records.. or
3. the accounts do not comply wlh the arxounting requirements of section 3￿ 01 the 20l￿ A¢t other than any
requiremenl that the accounts give a 'tr￿ and 18ir VIÈW whK* is not a mattw Gonsidered as part ol an
independent eX￿ination", or
4. the accounts have noi teen Wep￿ in ￿0[￿ar￿ wth the methods and pn"n&ples of the Statement ol
Recornmended Pracbce ftx accounting aThJ repoiting by tharilies lapplicable to chatilies txeparing their
accounis In accordarKo with the Financial Rewt*wJ Sl￿dar￿ appliGalAe in the UK aThJ RepLJblie ol Irèland
IFRS 10211.
I have no concems 8nd havè come across ￿ (ther matt￿S in c￿n8¢bOn wilh Ihe examination to which 8ttenti¢n
drawn in this report in orderto enab￿ a propèr undèrstsrxliTrJ oflhe ac¥th￿ts to bo wathd.
Michael Cook 8sc FCA
A C Mole LLP
Chartered Ae¢ountsnls
Stafford House. BlackbiocA( Park Avenue
Taunton, Somersel
TA12PX
Page 8

||||||||Total|
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|2022|
||||funds||funds|2024|£ (As|
|||Note|£||£|£|restated)|
|Income<br>and Endowments||from:||||||
|Donations<br>and legacies||3|72,344||12,000|84,344|225,306|
|Charitable<br>activities||4|717,916||240,090|958,006|575,092|
|Other trading activities||5|51,346|||51,346|9,966|
|Other income||6|3,353|||3,353|107|
|Total income|||844,959||252,090|1,097,049|810,471|
|Expenditure<br>on:||||||||
|Charitable<br>activities||7|~826,973~||~221,883~|~1,048,856~|~596,712~|
|Total expenditure|||~826,973~||~221,883)|(1,048,856)|~596,712~|
|Net income|||17,986||30,207|48,193|213,759|
|Net movement<br>in funds|||17,986||30,207|48,193|213,759|
|Reconciliation<br>of funds||||||||
|Total funds brought forward|||332,434||109,326|441,760|228,001|
|Total funds carried forward||17|350,420||139,533|489,953|441,760|
||||||||Total|
||||||Unrestricted|Restricted|`2022`|
||||||funds|funds|£ (As|
||||Note||£|£|restated)|
|Income<br>and Endowments||from:||||||
|Donations<br>and legacies|||3||150,704|74,602|225,306|
|Charitable<br>activities|||4||474,292|100,800|575,092|
|Other trading activities|||5||9,966||9,966|
|Other income|||6||107||107|
|Total income|||||635,069|175,402|810,471|
|Expenditure<br>on:||||||||
|Charitable<br>activities|||7||~522,496~|~74,216~|~596,712~|
|Total expenditure|||||~522,496~|~74,216~|~596,712~|
|Net income|||||112,573|101,186|213,759|
|Net movement<br>in funds|||||112,573|101,186|213,759|
|Reconciliation<br>of funds||||||||
|Total funds brought forward|||||219,861|8,140|228,001|
|Total funds carried forward|||17||332,434|109,326|441,760|
|All of the charity's<br>activities||derive|from continuing|operations<br>during the above two periods.||||
|The funds breakdown|for 2022 is||shown in note 17.|||||







## 

||||2022|
|---|---|---|---|
|||2024|£ (As|
||Note|£|restated)|
|Fixed assets||||
|Tangible assets|13|14,847|13,079|
|Current assets||||
|Debtors|14|65,314|80,517|
|Cash at bank and in hand|15|508,219|447,207|
|||573,533|527,724|
|Creditors: Amounts falling due within one year|16|~98,427l|~99,043l|
|Net current assets||475,106|428,681|
|Net assets||489,953|441,760|
|Funds of the charity:||||
|Restricted Funds||139,533|109,326|
|Designated Funds||61,818|60,737|
|General Funds||288,602|271,697|
|Total funds|17|489,953|441,760|





## 

|||||**2024**||||
|---|---|---|---|---|---|---|---|
||||||||**2022**|
|||||||**2024**|£ (As|
||||||**Note**|£|**restated)**|
|**Cash flows from operating**<br>**activities**||||||||
|Net cash income||||||48,193|213,759|
|**Adjustments**<br>**to cash flows from non-cash**|||**items**|||||
|Depreciation||||||8,084|7,038|
|||||||56,277|220,797|
|**Working**<br>**capital adjustments**||||||||
|Decrease/(increase)|in debtors||||14|15,203|(73,325)|
|(Decrease)/increase|in creditors||||16|(33,949)|28,435|
|Increase<br>in deferred|income|||||33,333||
|Net cash flows from|operating|activities||||70,864|175,907|
|**Cash flows from investing**<br>**activities**||||||||
|Purchase<br>of tangible|fixed assets||||13|(9,852)|(9,475)|
|Net increase<br>in cash|and cash|equivalents||||61,012|166,432|
|Cash and cash equivalents<br>at||1 October||||447,207|280,775|
|Cash and cash equivalents<br>at||31 January||||508,219|447,207|
|All of the cash flows|are derived from continuing|||operations|during the above two periods.|||





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||||||**Unrestricted**|**Unrestricted**|**funds**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|---|---|
||||||**Designated**||**General**|**funds**|**2024**|
||||||£||£|£|£|
||Donations||||||12,344||12,344|
||Disability|grant|income|||||2,000|2,000|
||Clowance|charitable||trust||||10,000|10,000|
||Project funding||||25,000||35,000||60,000|
||||||25,000||47,344|12,000|84,344|
|A|note showing||a breakdown||of the comparative|is included<br>below.||||
||||||**Unrestricted**||**funds**|**Restricted**|**Total**|
||||||**Designated**||**General**|**funds**|**2022**|
||||||£||£|£|**£ (As restated)**|
||ECB grants||||||45,500||45,500|
||Donations||||7,000||3,247||10,247|
||Chance to shine|||||||74,602|74,602|
||Disability|grant income|||||45,617||45,617|
||Clowance|charitable||trust|||10,000||10,000|
||Project funding||||26,156||13,184||39,340|
||||||33,156||117,548|74,602|225,306|





## 

## 

||||**Unrestricted**|**Unrestricted**|**funds**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|
||||**Designated**||**General**|**funds**|**2024**|
||||£||£|£|£|
||E W Cricket Trust|funding|8,400||355,601||364,001|
||Other ECB funding||||26,260|57,963|84,223|
||Community||10,000||61,696|16,130|87,826|
||Clubs & Leagues||||18,174||18,174|
||Cricket Operations||||73,628|7,800|81,428|
||Coaching/Schools||||155,889||155,889|
||Women & Girls||1,998||5,550||7,548|
||Safeguarding||||720||720|
||Chance to shine|||||141,530|141,530|
||Equality, diversity|and||||||
||inclusion|||||16,667|16,667|
||||20,398||697,518|240,090|958,006|
|A|note showing<br>a breakdown||of the comparative|is included below.||||
||||**Unrestricted**||**funds**|**Restricted**|**Total**|
||||**Designated**||**General**|**funds**|**2022**|
||||£||£|£|**£ (As restated)**|
||E W Cricket Trust|funding|27,581||293,615||321,196|
||Community||||2,138|100,800|102,938|
||Clubs & Leagues||||29,735||29,735|
||Cricket Operations||||30,156||30,156|
||Coaching/Schools||||80,835||80,835|
||Women & Girls||||6,905||6,905|
||Management||||957||957|
||Safeguarding||||2,370||2,370|
||||27,581||446,711|100,800|575,092|





## 

## 

|||**Unrestricted**||||
|---|---|---|---|---|---|
|||**funds**|**Restricted**|**Total**|**Total**|
|||**General**|**funds**|**`2024`**|**`2022`**|
|||£|£|£|£|
|Events income||1,745||1,745||
|Sponsorship|income|16,600||16,600|5,200|
|Hall hire||6,230||6,230|4,766|
|Groundsman|income|26,771||26,771||
|||51,346||51,346|9,966|



## 

## 

|**Total**|**Total**||
|---|---|---|
|**`2024`**|**`2022`**||
|£|£||
|3,353||107|



## 

||||**Unrestricted**|**funds**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|
||||**Designated**|**General**|**funds**|**`2024`**|
|||**Note**|£|£|£|£|
|Community||||89,198|47,709|136,907|
|Clubs & Leagues|||11,895|22,476||34,371|
|Cricket Operations||||47,067|435|47,502|
|Coaching/Schools|||14,158|46,338|120,774|181,270|
|Women<br>& Girls|||7,221||33,078|40,299|
|Management|||7,443|546,057|13,087|566,587|
|Safeguarding||||262||262|
|Grant funding|of||||||
|activities||||2,388|6,800|9,188|
|Governance|costs|8||32,350||32,350|
||||40,717|786,136|221,883|1,048,736|





## 

## 

||||**Unrestricted funds**|**Unrestricted funds**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|
||||**Designated**|**General**|**funds**|**2022**|
|||**Note**|£|£|£|£|
|Community||||68,387||68,387|
|Clubs & Leagues||||202,382||202,382|
|Cricket Operations||||45,407||45,407|
|Coaching/Schools||||55,139|74,216|129,355|
|Women & Girls||||20,599||20,599|
|Management||||110,104||110,104|
|Safeguarding||||1,205||1,205|
|Governance|costs|8||19,273||19,273|
|||||522,496|74,216|596,712|



## 

## 

|**Governance **|**costs**|||||
|---|---|---|---|---|---|
|||||**Total**|**Total**|
|||||**2024**|**`2022`**|
|||||£|£|
|Independent|examiner|fees||||
|Examination|of the financial||statements|1,000|990|
|Other fees|paid to examiners|||4,712|1,651|
|Bookkeeping|costs|||14,526|7,737|
|Depreciation|charges|||8,084|7,038|
|Finance charges||||4,028|1,857|
|||||32,350|19,273|



## 

## 

|**2024**|**`2022`**|
|---|---|
|£|£|
|8,084|7,038|



## 



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## 

|||||||||**`2024`**|**`2022`**|
|---|---|---|---|---|---|---|---|---|---|
|||||||||£|£|
|**Staff costs **|**during the period **||**were:**|||||||
|Wages and|salaries|||||||673,314|365,379|
|Social security costs||||||||49,160|25,408|
|Pension costs||||||||15,778|8,777|
|||||||||738,252|399,564|
|The charity|considers|its key|management|personnel||to comprise||of the Trustees|and managing|
|director.||||||||||
|The average|number of persons||(excluding|Trustees)|employed||during|the period was|40 (2022: 41).|



## 



## 

|13 Tangible|fixed||assets||||||
|---|---|---|---|---|---|---|---|---|
|||||Furniture|and|Computer|||
|||||equipment||equipment||Total|
|||||£||£||£|
|Cost|||||||||
|At 1 October|2022|||28,078|||25,575|53,653|
|Additions|||||9,852|||9,852|
|At 31 January 2024||||37,930|||25,575|63,505|
|Depreciation|||||||||
|At 1 October|2022|||17,957|||22,617|40,574|
|Charge for the year|||||5,261||2,823|8,084|
|At 31 January 2024||||23,218|||25,440|48,658|
|Net book<br>value|||||||||
|At 31 January 2024||||14,712|||135|14,847|
|At 30 September||2022||10,121|||2,958|13,079|
|14 Debtors|||||||||
|||||||||2022|
|||||||2024||`£`(As|
|||||||£||restated)|
|Debtors||||||30,318||13,317|
|Accrued<br>income||||||34,996||67,200|
|||||||65,314||80,517|
|15 Cash and|cash||equivalents||||||
|||||||2024||2022|
|||||||£||£|
|Cash on hand|||||||25|25|
|Cash at bank||||||508,194||447,182|
|||||||508,219||447,207|





## 

## 

|||||2024|2022|
|---|---|---|---|---|---|
|||||£|£|
|Creditors||||26,381|34,117|
|Other taxation||and social security||124|17,612|
|Other creditors||||3,055|5,336|
|Funding|received||in advance|35,534|41,978|
|Deferred|income|||33,333||
|||||98,427|99,043|



|17 Funds|||||||
|---|---|---|---|---|---|---|
|||Balance<br>at||||Balance<br>at|
|||1 October|Incoming|Resources||31 January|
|||2022|resources|expended|Transfers|2024|
|||£|£|£|£|£|
|Unrestricted<br>funds|||||||
|_General_|||||||
|General<br>Funds||271,697|799,561|(786,256)|3,600|288,602|
|_Designated_|||||||
|The Pow Fund||7,000|||(3,600)|3,400|
|Facilities<br>Strategy||12,000||(7,443)||4,557|
|Proof of Concept||6,207||(1,912)||4,295|
|ECB Reward and|||||||
|Recognition||9,374|8,400|(11,895)||5,879|
|Bradfords<br>Fund||1,156|11,998|(5,309)||7,845|
|WPA Donation||25,000|25,000|p4,158~||35,842|
|||60,737|45,398|~40,717~|~3,600~|61,818|
|Total<br>unrestricted|funds|332,434|844,959|~826,973~||350,420|
|Restricted<br>funds|||||||
|Chance to Shine||8,526|141,530|(120,774)||29,282|
|Women<br>and Gins|||||||
|Development|||62,359|(33,078)||29,281|
|Discovery<br>Fund||100,800||(38,279)||62,521|
|Disability<br>Cricket|||2,000|(2,000)|||
|Voluntary<br>Action|North||||||
|Somerset|||5,000|(5,000)|||
|Sport England Together|||2,430|(2,430)|||
|Young Officials|||1,000|(435)||565|
|Coaching<br>Bursaries|||6,800|(6,800)|||





## 

|**17 Funds (continued)**|**17 Funds (continued)**|**17 Funds (continued)**||||||||
|---|---|---|---|---|---|---|---|---|---|
||||**Balance**|**at**|||||**Balance at**|
||||1 October|||**Incoming**|**Resources**||**31 January**|
||||**2022**|||**resources**|**expended**|**Transfers**|**2024**|
||||£|||£|£|£|£|
|Equality,<br>Diversity||and||||||||
|Inclusion||||||16,667|(13,087)||3,580|
|Funds4Runs||||||8,700|||8,700|
|Inspired to|play|||||4,204|||4,204|
|SEND||||||1,400|||1,400|
||||109,326|||252,090|(221,883)||139,533|
|**Total funds**|||441,760|||1,097,049|~1,048,856l||489,953|
||||||||||**Balance at 30**|
||||**Balance **||**at 1**|**Incoming**<br>**Resources**|||**September**|
||||**October **||**2021**|**resources**<br>**expended**|||**2022**|
||||£|||**£ (As restated)**||£|**£ (As restated)**|
|**Unrestricted**|**funds**|||||||||
|**_General_**||||||||||
|General<br>Funds|||219,861||||574,332|(522,496)|271,697|
|**_Designated_**||||||||||
|The Pow Fund|||||||7,000||7,000|
|Facilities<br>Strategy|||||||12,000||12,000|
|Proof of Concept|||||||6,207||6,207|
|ECB Reward and||||||||||
|Recognition|||||||9,374||9,374|
|Bradfords|Fund||||||1,156||1,156|
|WPA Donation|||||||25,000||25,000|
||||||||60,737||60,737|
|**Total unrestricted**||**funds**|219,861||||635,069|~522,496~|332,434|
|**Restricted**<br>**funds**||||||||||
|Chance to|Shine||||8,140||74,602|(74,216)|8,526|
|Discovery|Fund||||||100,800||100,800|
||||||8,140||175,402|(74,216)|109,326|
|**Total funds**|||228,001||||810,471|~596,712~|441,760|





## 

## 



## 

## 

## 

|||||**Total funds at**|
|---|---|---|---|---|
||**Unrestricted**|**funds**|**Restricted**|**31 January**|
||**General**|**Designated**|**funds**|**2024**|
||£|£|£|£|
|Tangible fixed assets|14,847|||14,847|
|Current assets|351,127|51,694|170,712|573,533|
|Current liabilities|~65,094)||(33,333)|(98,427)|
|Total net assets|300,880|51,694|137,379|489,953|
|||||**Total funds at**|
||**Unrestricted**|**funds**|**Restricted**|**30 September**|
||**General**|**Designated**|**funds**|**2022**|
||£|£|£|£|
|Tangible fixed assets|13,079|||13,079|
|Current assets|391,286|60,737|8,526|460,549|
|Current liabilities|~1OO,453~|||(100,453)|
|Total net assets|303,912|60,737|8,526|373,175|



## 

||||**Unrestricted**|**Designated**|**Restricted**||
|---|---|---|---|---|---|---|
||||**funds**|**funds**|**funds**|**2022**|
||||£|£|£|£|
|As previously|reported||305,297|60,737|8,526|374,560|
|Additional<br>grant||income granted but|||||
|not received|||67,200|||67,200|
|Reclassification||of income|(100,800)||100,800||
||||271,697|60,737|109,326|441,760|